Lake Victoria Mining
Victoria Lake Inc. does not have significant operations. Previously, it was involved in the acquisition, exploration, evaluation, and development of gold properties in Tanzania. The company was formerly known as Lake Victoria Mining Company, Inc. and changed its name to Victoria Lake Inc. in March 2022. Victoria Lake Inc. was incorporated in 2006 and is based in Salt Lake City, Utah. Victoria Lak… Read more
Lake Victoria Mining (LVCA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2015: 0.064x
Based on the latest financial reports, Lake Victoria Mining (LVCA) has a cash flow conversion efficiency ratio of 0.064x as of June 2015.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-97.48K) by net assets ($-1.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lake Victoria Mining - Cash Flow Conversion Efficiency Trend (2007–2015)
This chart illustrates how Lake Victoria Mining's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lake Victoria Mining Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lake Victoria Mining ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Drug Free Solution Inc
PINK:DSOL
|
0.302x |
|
Oasis Hotel Resort & Casino I
PINK:OHTR
|
N/A |
|
FNDS3000 Corp
PINK:FDTC
|
N/A |
|
MHHC Enterprises Inc
OTCQB:MHHC
|
0.118x |
|
Benchmark Energy Corporation
PINK:GPLL
|
0.152x |
|
Pervasip Corp
PINK:PVSP
|
-0.012x |
|
Microart Inc
OTCGREY:MCRT
|
N/A |
|
Aquagold International Inc
PINK:AQUI
|
0.347x |
Annual Cash Flow Conversion Efficiency for Lake Victoria Mining (2007–2015)
The table below shows the annual cash flow conversion efficiency of Lake Victoria Mining from 2007 to 2015.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2015-03-31 | $-1.41 Million | $-586.43K | 0.416x | +50.95% |
| 2014-03-31 | $-1.19 Million | $-326.68K | 0.275x | -88.00% |
| 2013-03-31 | $-241.20K | $-553.67K | 2.295x | +201.10% |
| 2012-03-31 | $1.05 Million | $-2.39 Million | -2.270x | -92.99% |
| 2011-03-31 | $2.21 Million | $-2.60 Million | -1.176x | +72.60% |
| 2010-03-31 | $668.61K | $-2.87 Million | -4.294x | -180.36% |
| 2009-03-31 | $-221.38K | $-1.18 Million | 5.344x | +831.67% |
| 2008-03-31 | $44.06K | $-32.17K | -0.730x | -17464.10% |
| 2007-03-31 | $-29.72K | $-125.00 | 0.004x | -- |